Will Boeing ever win back its foremost place in business? Boeing, once the world’s preeminent airline maker has been found seriously wanting, resulting in trust repercussions, the most recent of which is Germany’s refusal to let Norwegian into its airspace to transport one of its 737 Max planes. As a result, Norwegian, which was attempting… [Read More]
Wall Street Is Dancing in the Street!
The Securities and Exchange Commission (S.E.C.) voted last Wednesday to pass the Regulation Best Interest rule. The Commission claims the changes would help Main Street investors by tightening the standards governing brokers who sell investment products and outlining a fresh interpretation of the duties of investment advisers who provide financial guidance. According to Jay Clayton, the… [Read More]
Carly Fiorina: A Force, a Change Agent and an Extraordinary Leader
According to Matthew Boyle of Fortune magazine, “Carly Fiorina didn’t just break the glass ceiling, she obliterated it.” And in the October 12, 1998 edition of Fortune, Ms. Fiorina was named “The Most Powerful Woman in American Business.” Ms. Fiorina did indeed break the glass ceiling… as Hewlett Packard’s’ first woman CEO and as the first woman CEO to… [Read More]
Hold onto your wallets…
We could be in for a wild ride! As the 2020 elections approach, the stock buyback debates are heating up, and predictions say the Democrats may potentially gain control of both the Congress and the Senate. So how did a practice that was considered stock manipulation and was generally illegal prior to 1982 gain such… [Read More]
Whistleblowers Who Save the World, A Korean Perspective
In Korea, whistleblowers are perceived to be disloyal to their companies and therefore branded as “traitors.” The South Korean Educational Broadcasting System (EBS) wants to change that perception via a one-hour documentary, airing June 6, that I am delighted to be part of. I’ll be in good company. EBS contacted and interviewed Louis Clark, Executive Director… [Read More]
On my honor… the Compliance or Ethics Debate
Bruce Weinstein, a leadership strategist and consultant, writing in a Forbes magazine article points out that “High character leaders ask, ‘What is required of me,’ but they don’t leave it at that; the highly ethical ones also ask ‘What is the right thing to do?’” They ask: What would an honorable person do, how does… [Read More]
This is Not a fairy tale!!!
All children’s stories start with once upon a time and have heroes and villains. In this case, this story, while it involves children’s books, has a slew of villains who might yet triumph over the heroes. Baltimore’s Mayor Catherine Pugh resigned under pressure last week, after revelations that she made more than $500,000 selling her… [Read More]
Flying is Safer Than Driving? Did Boeing say that?
Every day thousands of flights take off from airports worldwide. We are routinely told flying is less hazardous than driving and so we put our lives in the hands of airlines who supposedly have our best interests at heart. That premise now needs to be deeply scrutinized. If we can’t trust our major airline carriers,… [Read More]
How to Stamp Out Fraud!
Is your organization immune from fraud? The 2019 Annual Fraud Conference recently held at the University of Texas at Dallas gave practical steps to assure you are. The conference was an outstanding success and I was honored to have been part of it once again. The conference attendees; internal auditors, CPA’s, faculty and students, learned… [Read More]
The EU Whistleblower Legislation- a Game Changer
Last year I was inspired by the report on the European Commission (EC) proposing a new law to strengthen whistleblower protection across the EU. The press release in 2018 said that the proposal would guarantee a high level of protection for whistleblowers who report breaches of EU law by setting new, EU-wide standards. It would… [Read More]
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